FIX AND FLIP LOAN

Clementon, New Jersey


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The Numbers Behind the Flip

Loan Amount

$198,230

Purchase Price

$150,000

Construction Budget

$93,350

ARV

$292,000

Timeline

March 2024 - December 2024

Resale Price

$345,000

This deal came to us through a trusted broker we work with frequently, presenting a unique opportunity in New Jersey. The property—a severely outdated and unlivable townhome—was in desperate need of transformation, with vines literally growing in the living room. Our borrower purchased the home for $150,000 and executed a $93,350 renovation plan to bring it back to life. With an initial ARV estimate of $292,000, the investor exceeded expectations, ultimately selling the property for $345,000. This project is a testament to how strategic financing and skilled execution can turn even the most distressed properties into profitable investments.

Profitability & Lessons Learned

Inside the Deal

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